Senators Express Optimism for Crypto Market Structure Bill Despite Vote Delay
Senators Express Optimism for Crypto Market Structure Bill Despite Vote Delay
Despite a surprising postponement of the markup for the CLARITY Act, senators are expressing continued optimism regarding the bipartisan crypto market structure bill's passage. Senate Banking Committee Chairman Tim Scott noted that the delay was a tactical move to allow for ongoing negotiations, indicating continued progress towards a regulatory framework.
Despite a surprising postponement of the markup for the crypto market structure bill known as the CLARITY Act, lawmakers are maintaining a hopeful outlook for the passage of the legislation. Senate Banking Committee Chairman Tim Scott announced the delay on Wednesday, stating that bipartisan negotiations are ongoing. He characterized the pause as tactical rather than a halt in progress, suggesting continued efforts towards a comprehensive regulatory framework for digital assets.